Survey finds three-fifths of annuity holders wrestling with financial health concerns, while many lack full understanding of the protected income products.
The new retirement savings product, launched in partnership with Pacific Life, offers a fresh option for defined contribution plan participants.
Pension risk transfers, where insurance companies cover defined-benefit liabilities with group annuity contracts, have exploded in popularity – and litigation over them has followed.
Matt Wion, who heads up the company’s retail annuities business, says the “Amazon and Uber effect” means industry improvements are needed to make the buying process easier.
The insurance giant says its latest offering puts it a step ahead against other top-three annuity providers.
A HUB International strategist offers tips for reducing skyrocketing insurance bills.
Investment manager's white paper suggests a rethink for 'common misunderstanding'.
Survey data show crucial communication gaps between financial professionals and investors on protected income, annuities, social security and more.
Those who hate annuities are shortchanging clients, says advisor.
Industry groups hail the move in the Pelican State as another win for consumers in need of lifetime income.
Survey of middle- and upper-income consumers reveals shortfalls around familiarity, cost concerns, and the role of financial planners.
BlackRock research surveys retirement advisors' sentiment around active managements, retirement income solutions, and AI.
Industry data show term products capturing 20 percent of the US individual market, with $1.5B in premiums over the first six months of 2024
Nationwide survey research reveals snapshot of sentiments around retirement, economic anxieties, and need for protected income.
As lifespans get longer and workers' access to DB plans decrease, researchers make the case for a "hybrid" system to support retirees.
The strategic partnership promises to help advisors at the hybrid RIA grow their business around annuities and structured products.
Next year, the firm will add a lifetime income feature paired with a target-date series that lets customers buy annuities or take distributions at retirement.
The diversified financial services company in Florida is reaffirming its focus on income with a rebrand of its consulting and marketing arm for independent annuity producers.
"Customers should use regulated industries to their advantage and hire career specialists in each area of their lives," said one industry executive.
Sales continue to rise across the industry, Limra found.
